Seriously very very boring, but quite an insightful lesson for an introduction. The teacher looks incredibly young, like he have just graduated from NTU & never fails to make us laugh with his wierd and funny habit of asking people to "settle down".
Probably the most interesting story he told us today:
A multimillionaire was walking along a small alley one day when he saw a penny on the ground. Without hesitation, he picked up the penny which probably wouldn't be of much value to him, considering the millions of assets he has.
So a passerby who recognised him saw that and asked him : "You are so rich, why would you care about a penny on the ground?"
And he said : " A penny on the ground left untouched is a leakage to the country's economy. " (So if everyday there are say $500 worth of coins dropped in various places everyday, it would mean there is a leakage of $500 from the economy each day, which could have been put to better use, like spending it, and generating multiplier effect.)
I think it's quite interesting, because we often look down on the value of 5cents, 10cents, 20cents etc. But these coins add up together will help to generate income for the next person, who will then use his income to spend on something else, thus stimulating the economy, no matter whether it is a small amount or not.
So the bottom line is, next time you see a coin on the ground, be it a 5 cent coin, pick it up and use it to buy something, for you will be doing the economy a big favour. :)
No amount of money is ever too much!
